VP Indirect Procurement Strategic Sourcing

The Company:

NorthMark Strategies is a leading investment firm, combining capital, innovation, and engineering to drive long-term value. From operating complex businesses to backing breakthrough technologies, our mission is to build enduring businesses. Our team combines intelligent risk-taking, operational excellence, exceptional talent, and world-class computing capacity to create shareholder value.

Our company offers a dynamic environment where individuals have the freedom to lead companies toward bold achievements by embracing innovation, leveraging technology, and fostering differentiated business strategies. Our values are Integrity, Ability, and Energy, and the company aims to hire individuals who possess those qualities.

At NorthMark Strategies, we believe the future isn’t something to hope for, it’s something to build. We don’t just invest, we create. Bringing together strategic insight and technical horsepower to deliver outcomes that endure.

The Position:

The Vice President, Indirect Procurement Strategic Sourcing is responsible for leading the end-to-end strategic sourcing function for all indirect spend categories across the organization. This role drives significant cost savings, supplier innovation, and risk mitigation through best-in-class sourcing strategies, while building and managing a high-performing team of procurement professionals. The VP will serve as a key business partner to cross-functional stakeholders and will play a critical role in shaping and executing the company's broader procurement transformation agenda.

KEY RESPONSIBILITIES

Strategic Leadership & Vision

• Define and execute the multi-year indirect procurement strategy aligned with corporate objectives and financial targets.
• Establish category management frameworks, sourcing playbooks, and procurement policies to drive consistency and excellence across the function.
• Serve as a trusted advisor and thought leader to senior leadership on procurement trends, market intelligence, and supplier innovation.
• Drive continuous improvement and transformation initiatives, leveraging technology, analytics, and process optimization to modernize the procurement function.

Indirect Category Management

• Oversee strategic sourcing across key indirect spend categories including but not limited to: IT, Professional Services, HR/Benefits, and Contingent Labor.
• Lead complex, high-value RFx processes, negotiations, and contract executions to deliver best-in-class commercial outcomes.
• Develop and manage category strategies that optimize total cost of ownership (TCO), mitigate supply risk, and drive supplier innovation.
• Monitor category market dynamics, benchmark spend performance, and identify new opportunities for value creation.

Procurement Sourcing & Commercial Execution

• Lead and oversee the end-to-end source-to-contract lifecycle across all indirect categories, including:
• Category market intelligence and supplier ecosystem strategy
• Supplier segmentation, sourcing strategy design, and capacity planning
• RFP/RFQ execution and complex, high-value commercial negotiations
• Contract structuring, execution, and full lifecycle governance
• Develop and approve should-cost models, total cost of ownership (TCO) analyses, and competitive benchmarks to evaluate pricing, commercial terms, and sourcing strategies relative to industry peers.
• Hold authority for critical commercial decisions, including entering contracts, negotiating terms, signing agreements, and committing capital on behalf of the organization.
• Set commercial strategy for long-term supplier agreements, preferred vendor programs, and strategic partnerships with critical indirect suppliers.

Team Leadership & Development

• Recruit, lead, mentor, and develop a team of direct reports including Category Directors, Sourcing Managers, and Procurement Buyers.
• Set clear performance expectations, conduct regular performance reviews, and create individual development plans to build organizational capability.
• Foster a culture of accountability, collaboration, innovation, and continuous learning within the procurement team.
• Manage team capacity, workload allocation, and succession planning to ensure operational resilience and talent pipeline development.
• Own succession planning and talent development to build a resilient, scalable procurement organization that grows alongside the business.

Supplier Relationship Management

• Build and maintain strategic relationships with key suppliers, driving performance management, innovation, and long-term partnership value.
• Establish and govern a supplier scorecard framework, conducting regular business